Shares of Lavoro Limited (NASDAQ:LVRO - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $4.98, but opened at $4.54. Lavoro shares last traded at $4.87, with a volume of 624 shares.
Wall Street Analysts Forecast Growth
Separately, Oppenheimer cut their price target on Lavoro from $9.00 to $7.00 and set an "outperform" rating on the stock in a report on Monday, October 21st.
Read Our Latest Stock Report on LVRO
Lavoro Stock Performance
The stock's 50-day moving average price is $4.86 and its 200 day moving average price is $4.80. The firm has a market cap of $560.88 million, a P/E ratio of -3.56 and a beta of 0.31. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.98 and a quick ratio of 0.70.
Lavoro (NASDAQ:LVRO - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The company reported ($0.68) EPS for the quarter. The business had revenue of $271.10 million for the quarter. Lavoro had a negative return on equity of 38.92% and a negative net margin of 8.16%. As a group, equities analysts predict that Lavoro Limited will post -1.32 EPS for the current year.
About Lavoro
(
Get Free Report)
Lavoro Limited operates as an agricultural inputs retailer. The company operates through three segments: Brazil Cluster, LATAM Cluster, and Crop Care Cluster. It distributes agricultural inputs, such as crop protection, seeds, fertilizers, foliar fertilizers, biologicals, adjuvants, organominerals, and others for the agricultural industry.
Further Reading
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